ReferIndia News Venezuela's oil unlikely to lift global oil supplies anytime soon

ReferIndia News

Need a stunning portfolio website?

ReferIndia is your one-stop solution for design, development, and deployment—fast and professional!

Create Now
News Image

Venezuela's oil unlikely to lift global oil supplies anytime soon

Published on: Jan. 5, 2026, 10:50 p.m. | Source: Livemint

India, which imported around 400,000 barrels per day of Venezuelan crude before sanctions were imposed in 2020, currently procures a negligible quantity from the country. And not all Indian refineries can process viscous and heavy crude from the Latin American nation.

Checkout more news
Ad Banner

Kunjesh Investment Banking – Trusted Since 2001

Financial Planning • Insurance • Investments • Retirement & Wealth Management. Personalized strategies, expert guidance, lasting success.

Get Started
ReferIndia News contact